Dec 16 2008
Auto Analyst Says Chrysler Will Die Aid Or No Aid
Chrysler won’t make it even with federal assistance, so says one prominent industry analyst.
With executives from America’s three largest automakers seeking billions of dollars of aid money from the federal government, the question that often pops up is whether the automakers will need additional funding down the road several months hence. The question that isn’t being asked is this one: will the aid actually do any good?
One analyst, Michael Robinet, CSM vice president of global vehicle forecasts, says that as far as Chrysler is concerned, the aid money won’t save the company. In an interviewed published recently in The Detroit News, Robinet said that the “Big Three? most certainly will become the “Detroit Two? when all is said and done.



